TMN ENGGANG
Commercial Market
Median Price
RM 898,500
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Double Storey Shop
5 properties
Median Price
RM 663,000
+5.3% CAGR
Median PSF
RM 442.00
3-Storey Storey Shop
4 properties
Median Price
RM 894,250
+1.0% CAGR
Median PSF
RM 581.25
+1.0% CAGR
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Double Storey Shop | 5 |
RM 663,000
±17K MAD
|
+5.26% |
RM 442.00
|
- | |
3-Storey Storey Shop | 4 |
RM 894,250
±4K MAD
|
+0.96% |
RM 581.25
±3 MAD
|
+0.95% |
TMN ENGGANG in Alor Gajah, Melaka recorded 2 subsale transactions in 2024, with a median price of RM 899K and a median price per square foot (PSF) of RM 584.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 899K, with most transactions falling within a stable range of RM 897K to RM 900K, and a typical market range of RM 897K to RM 900K.
Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.
For price per square foot, the median is RM 584, with most transactions between RM 583 and RM 585. The usual range is RM 513.00 to RM 655.00, showing that most units are priced quite close to each other. With an IQR of RM 142.00 and MAD of RM 1, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
2 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
JLN NIAGA ENGGANG 1
|
RM 900,000
|
RM 585.00
|
1,539 sqft
|
Nov 2024
|
|
JALAN NIAGA ENGGANG 1
|
RM 897,000
|
RM 583.00
|
1,539 sqft
|
Aug 2024
|